🚀 TRM Labs is heading to the Brown University Engineering Career Fair on September 15! Come meet our team and learn about how we’re building the world's leading investigations platform to combat AI-enabled crime. #Hiring# #TRMCareers#

Top Overnight News Yemen's Tehran-backed Houthis attacked four cities in the south of U.S. ally Saudi Arabia on Tuesday, wounding more than 70 people and setting oil installations ablaze in what appeared to be a major expansion of the six-month-old Middle East war. They used ‌drones and missiles to strike a Saudi airbase in the southern city of Khamis Mushait, and targets belonging to Saudi Arabia's state oil company in nearby Abha, Najran on the Yemeni border and Jazan, a major Red Sea port city that houses a large refinery and power plant. Reuters The war in Iran has now cost U.S. consumers $100 billion in higher energy prices, and the bill is rising another $1 million about every two minutes, per a real-time estimate from Brown University as of Monday morning. Inflation shows up across the entire economy, and the recent surge in diesel prices threatens to have a dramatic impact on freight and travel in the weeks and months to come. Axios In offices across the military and in the intelligence community, there have been recent quiet discussions about cutting the number of people and facilities typically stationed in the Middle East if the Trump administration succeeds in ending the Iran conflict. CNN New Canadian tariffs targeting roughly $20 billion in U.S. imports officially snapped into place on Tuesday, the latest escalation in an increasingly costly trade war that has ensnarled two longtime allies. NYT Japanese workers’ nominal wages rose at the fastest pace in nearly three decades on the back of strong corporate earnings and a tight labor market, in data likely to keep the Bank of Japan on course for further monetary tightening. BBG Two hawks on the Bank of Japan's monetary policy board are calling more strongly for the central bank to accelerate its interest rate increases, pushing it to do more to rein in inflation before their terms end next July. Nikkei China’s export growth accelerated in August, swelling its trade surplus near $806 billion for the year. Its surplus with the US surged almost 44% to more than $29 billion. BBG China's car exports stayed robust in August as BYD and ‌other automakers shipped a record number of vehicles overseas, in sharp contrast to a sluggish domestic market where their sales fell for the 11th month in a row. Passenger vehicle exports jumped 77.5% from a year earlier to 894,000 units in August, easing from an increase of 88.2% a month earlier. Reuters. Goldman raised its oil price outlook by $5 a barrel, forecasting Brent at $85 by December and $80 in 2027 on expectations Middle East shipping disruptions will persist. BBG

Students should have the freedom to learn in school without having to fear for their lives. Period. We must never accept senseless violence that leaves families and communities shattered. It pierces the very soul of our nation. We can and must do more to prevent gun violence and save lives. Jill and I are grieving the lives lost and those wounded at Brown University, and we are keeping the victims, their loved ones, and all of Providence in our prayers.

Morales for Prov Mayor fundraising event in NYC described by organizers this way: "New York City Democratic Socialists of America ran the table on primary night two weeks ago, winning nine out of ten of its contested races including two congressional seats. The impact of that victory is being felt far beyond the five boroughs. On June 30, Democratic Socialist Melot Kiros defeated a 30-year incumbent to win a congressional seat in Denver, Colorado. Democratic socialists are also running hard in Democratic primaries in Detroit, St. Louis, Kansas City and South Florida.  On Thursday, more than 100 democratic socialists squeezed into hot, clammy bar in Crown Heights, Brooklyn to join a fundraiser for David Morales, a 27-year-old Rhode Island state legislator who is running to be the next mayor of Providence, Rhode Island, a city of 200,000 people with a large student population and sky-high housing costs that is ripe for a leftwing takeover.  Speaking to the feeling in the room that now is a time of unprecedented opportunity for the socialist left in the United States, the event’s emcee, Daniel Denvir, host of The Dig podcast who lives in Providence, vowed that if elected, “David is going to turn Providence into a laboratory for municipal socialism.” The fundraiser was organized by Denvir along with prominent members of New York City DSA, though it was not an official chapter event. Along with Denvir, the crowd heard from a pair of New York City DSA-backed electeds, Assembly member Emily Gallagher and State Senator Julia Salazar. Morales then took the mic and fired up the crowd." NOTE: Daniel Denvir, who introduced candidate Morales, is a Fellow at Brown University’s Watson Institute.